NYLI MacKay Short Duration High Income Class I (MDHIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.38
+0.02 (0.21%)
At close: Apr 1, 2026
Fund Assets3.06B
Expense Ratio0.77%
Min. Investment$1,000,000
Turnovern/a
Dividend (ttm)0.59
Dividend Yield6.27%
Dividend Growth-0.71%
Payout FrequencyMonthly
Ex-Dividend DateMar 31, 2026
Previous Close9.36
YTD Return-0.16%
1-Year Return4.37%
5-Year Return24.59%
52-Week Low9.26
52-Week High9.58
Beta (5Y)n/a
Holdings477
Inception DateDec 17, 2012

About MDHIX

MDHIX was founded on 2012-12-17. The Fund's investment strategy focuses on Short High Yield with 0.77% total expense ratio. The minimum amount to invest in MainStay Funds Trust: MainStay MacKay Short Duration High Yield Fund; Class I Shares is $1,000,000 on a standard taxable account. MainStay Funds Trust: MainStay MacKay Short Duration High Yield Fund; Class I Shares seeks high current income. Capital appreciation is a secondary objective. MDHIX invests at least 80% of its assets in high-yield debt securities that are rated below investment grade by an independent rating agency. MDHIX will generally seek to maintain a weighted average duration of three years or less.

Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol MDHIX
Share Class Class I
Index ICE BofA US HY BB-B Cash Pay TR

Performance

MDHIX had a total return of 4.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.59%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
MDHAXClass A1.02%
MDHVXInvestor Class1.11%
MDHCXClass C1.86%
MDHEXClass R60.71%

Dividend History

Ex-DividendAmountPay Date
Mar 31, 2026$0.04978Mar 31, 2026
Feb 27, 2026$0.04198Feb 27, 2026
Jan 30, 2026$0.053Jan 30, 2026
Dec 16, 2025$0.04991Dec 16, 2025
Nov 28, 2025$0.0466Nov 28, 2025
Oct 31, 2025$0.0484Oct 31, 2025
Full Dividend History